The earnings call reflects a challenging quarter with significant revenue declines and geographic mix effects, particularly in North America. Despite these challenges, CNH is making strategic moves to improve inventory management and enhance technological offerings. The positive feedback on the strategic business plan and improvements in free cash flow are encouraging, but the impact of tariffs and uncertain trade dynamics present ongoing risks.

Company Guidance

In the second quarter of 2025, CNH reported a 14% decline in consolidated revenues, amounting to $4.7 billion, driven by a 17% drop in the Agriculture segment and a 36% decrease in North American Ag sales. Industrial production hours were down 12% year-over-year, with a 12% decline in agriculture and a 15% decline in construction. The company's adjusted EBIT for industrial activities fell by 55% to $224 million, and EPS for the quarter was reported at $0.17. Despite the challenging market conditions, CNH managed to achieve a $200 million reduction in Ag dealer inventory. The company maintained positive pricing in the agriculture and construction segments, although there remains uncertainty regarding the impact of U.S. tariffs. CNH's Q2 free cash flow from industrial activities was $451 million, aided by improvements in working capital. The company's strategic focus remains on operational excellence, quality improvements, and advancing technology integration, with a commitment to long-term growth and shareholder value.

Successful Inventory Reduction

Ag dealers reduced their inventory by another $200 million in the quarter, aligning with the company's targets for newly built machine inventory by year-end.

Advancements in Connectivity and Technology

CNH announced a collaboration with Starlink to provide satellite-based connectivity for Case IH and New Holland machines, enhancing productivity and connectivity in remote areas.

Positive Feedback on Strategic Business Plan

The new strategic business plan presented at Investor Day received positive feedback, focusing on expanding product leadership and operational excellence.

Improvement in Free Cash Flow

Q2 free cash flow from Industrial Activities was $451 million, significantly better than Q2 2024 due to improvements in working capital.

CNH Industrial (CNH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CNH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.14 / -	0.24	―	―	―
Aug 01, 2025	2025 (Q2)	0.14 / 0.17	0.38	-55.26% (-0.21)
May 01, 2025	2025 (Q1)	0.09 / 0.10	0.33	-69.70% (-0.23)
Feb 04, 2025	2024 (Q4)	0.18 / 0.15	0.42	-64.29% (-0.27)
Nov 07, 2024	2024 (Q3)	0.28 / 0.24	0.42	-42.86% (-0.18)
Jul 31, 2024	2024 (Q2)	0.37 / 0.38	0.52	-26.92% (-0.14)
May 02, 2024	2024 (Q1)	0.27 / 0.33	0.35	-5.71% (-0.02)
Feb 14, 2024	2023 (Q4)	0.42 / 0.42	0.36	16.67% (+0.06)
Nov 07, 2023	2023 (Q3)	0.43 / 0.42	0.41	2.44% (+0.01)
Jul 28, 2023	2023 (Q2)	0.48 / 0.52	0.43	20.93% (+0.09)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CNH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 01, 2025	$12.96	$12.47	-3.78%
May 01, 2025	$11.36	$12.18	+7.22%
Feb 04, 2025	$12.33	$12.50	+1.38%
Nov 07, 2024	$11.42	$10.46	-8.41%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does CNH Industrial (CNH) report earnings?

CNH Industrial (CNH) is schdueled to report earning on Nov 06, 2025, TBA (Confirmed).

What is CNH Industrial (CNH) earnings time?

CNH Industrial (CNH) earnings time is at Nov 06, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CNH EPS forecast?

CNH EPS forecast for the fiscal quarter 2025 (Q3) is 0.14.

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